Reports have surfaced that former Magpies captain and club-record goalscorer Alan Shearer would front a consortium of north-east businessmen looking to buy out Ashley, and that a third-party financing group called PCP had been asked by Ashley to invite Dubai Investment Capital to turn their attentions away from Liverpool and towards Newcastle.
But Mort told The Times: "The reality is that the Alan Shearer story and the PCP story were both absolute rubbish. Alan has obviously denied he has been approached by a consortium and we had never heard of PCP until Monday´s story."
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